Summary
Coventry and Warwickshire Chamber of Commerce has warned businesses to brace themselves for a series of interest rate rises this year starting today. The Bank of England Monetary Policy Committee looks set to increase rates for the second time in three months to four per cent. An announcement is due at noon.
Chamber president Larry Coltman said he hoped the economy was in a strong enough position to cope with it.See the full content of this document
Extract
Here Comes the Rate Rise, Chamber Warns Members
'A member of the MPC has been quoted as saying the rate will rise, so we are fairly resigned to it happening,' he added.
'The signs are that the rate wi...See the full content of this document
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